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What are the changes in corporate taxes that was incorporated in the NIRC? Describe and/or explain each one. 2. Are foreign corporations taxed by the
What are the changes in corporate taxes that was incorporated in the NIRC? Describe and/or explain each one. 2. Are foreign corporations taxed by the Philippine government? On what sources of income? 3. What is the rationale for taxing passive income? List down the most common passive income of corporations. 4. What is meant by MCIT? When is it applied? Does the corporation have a choice between MCIT and regular or normal tax? 5. What is meant by IAET? When is it applied?
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Changes in Corporate Taxes in the NIRC a Reduction of Corporate Income Tax Rate The NIRC National Internal Revenue Code includes provisions to gradually reduce the corporate income tax rate for domest...
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
